Market Research Report
Market Data - EV Geographic Forecast - North America: US and Canadian Light-Duty Plug-in EV Forecasts by Province, State, and Major Metropolitan Area
|Published by||Navigant Research||Product code||551070|
|Published||Content info||28 Pages; 52 Tables, Charts & Figures
Delivery time: 1-2 business days
|Market Data - EV Geographic Forecast - North America: US and Canadian Light-Duty Plug-in EV Forecasts by Province, State, and Major Metropolitan Area|
|Published: November 27, 2019||Content info: 28 Pages; 52 Tables, Charts & Figures||
Despite slowed market growth, plug-in electric vehicle (PEV) sales are on track for another record year in North America and worldwide. PEVs are increasingly being considered by more consumers as a top choice for their next vehicle purchase, more states are implementing purchase incentives and are in talks to adopt zero-emission vehicle (ZEV) policies, and the price of PEV technologies continues to decline.
PEV populations have typically clustered around urban areas in states with incentives, with buyers being male, highly educated, and in upper income brackets. However, a shift in demographics and vehicle population is beginning to occur. Emissions, fuel efficiency, and ZEV policies are key in increasing adoption and awareness of PEVs.
This Navigant Research report analyzes the impact that purchase incentives, battery pack prices, vehicle availability, and ZEV policies have on PEV population diffusion by state/province and metropolitan areas. Using the Vehicle Adoption Simulation Tool (VAST), Navigant Research believes battery pack prices, vehicle availability, purchase incentives, and ZEV policies are crucial to understanding PEV adoption, and can offer recommendations to stakeholders based on changes to these four forecast levels. New additions to the ‘2019 version of the Market Data: EV Geographic Forecasts’ report include charging port forecasts on a national and state/province level as a function of vehicle adoption in the area, as well as EV sales and population broken out by vehicle class (passenger cars and light trucks).